EU to Allocate €95.5 Billion for Horizon Europe Research & Innovation Programme for 2021-2027
Posted date: 12 Mar 2021
The European Parliament and the EU Council have reached a political deal on the budget for 2021-2027 for Horizon Europe programme, the largest transnational programme ever supporting research and innovation.
The Parliaments negotiators and the Council have agreed to allocate a budget of around €95.5 billion for the next seven years, including €5.4 billion in current prices from NextGenerationEU, and additional reinforcement of €4.5 billion both in current prices. In comparison to the current research and innovation programme, the budget for the new Horizon programme represents an increase of 30 per cent.
Commenting on the deal, the German federal minister of education and research Anja Karliczek applauded the deal, noting that the new Framework Programme provides a strong signal by the EU for a competitive and forward-looking Europe.
Reference Link: https://www.schengenvisainfo.
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